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9 pts

Opinion on  Diamond Foods Inc. (DMND)     Sector: Consumer/Non-Cyclical  >  Industry: Food Processing
DMND

Oct 07, 2008 04:07 AM GMT
Usair
Return Risk
-3.77% LOW
Analyst

SAN FRANCISCO (AP) - Snack maker Diamond Foods Inc. said Thursday that its fourth-quarter profit more than tripled as the company reported better-than-expected results.

For the three months ending July 31, the maker of nuts and other snack foods, said it earned $2.6 million, or 16 cents per share. That's compares to a profit of $774,000, or 5 cents per share, during the same period last year.

Revenue grew 1 percent, to $113.15 million, up year-ago sales of $112.44 million.


DMND:  This call was made on 10/07/08 @ $30.527
Rating:   Positive   $30.527 (10/07/08)
Gain/Loss:   -3.33% in 396 days
Target:   $31.00 (+1.55%) in One month
Allocation:   0.0% of portfolio


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